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2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros ... - AOL

   www.aol.com/lifestyle/smart-buy-foreclosed-home...

   Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide.

3. Preforeclosure: What it is and how it works - AOL

   www.aol.com/finance/preforeclosure-works...

   A foreclosed home is sold “as is,” so if it needs repairs, you will need to do them. It may take longer to close and finalize a foreclosed home purchase. There is the possibility of the sale ...

4. Foreclosure investment - Wikipedia

   en.wikipedia.org/wiki/Foreclosure_investment

   A pre-foreclosure short sale can be a good opportunity for investors to buy a property at a discount directly from a financially distressed homeowner. [5] On completion of the publication process, the foreclosure action will be permitted to proceed and the owners have a limited amount of time to pay up, sell, or make other deals with creditors.

5. Trustee Sales Guarantee - Wikipedia

   en.wikipedia.org/wiki/Trustee_Sales_Guarantee

   The actual sale typically completes a non-judicial foreclosure. The highest bidder at a trustee's sale gets title to the property; if no one bids, the title to the property keeps with the foreclosing mortgage lender. A valid foreclosure requires the following documents to be successful: Record vesting current owner

6. What is a foreclosure? How it works and how to avoid it - AOL

   www.aol.com/finance/foreclosure-works-avoid...

   A power of sale foreclosure is considered a non-judicial foreclosure because no legal action is taken. Strict foreclosure: Strict foreclosures are less common because only a few states allow them ...

7. Real estate owned - Wikipedia

   en.wikipedia.org/wiki/Real_estate_owned

   REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]